Go Symbol Lookup
Loading...

Two Money Managers Like Financial Sector

 Text Size  
Published: Thursday, 31 May 2007 | 3:47 PM ET

How should you manage your portfolio during the current market rally? Two money managers offered their advice on "Power Lunch."

PNC Private Wealth Management CIO Jim Dunigan likes the financial sector, as does Harin De Silva of Old Mutual Analytic Defensive Equity Fund.

He likes JPMorgan Chasein particular.

Tips for Individual Investors
Discussing whether individual investors should hang on to their market holdings or take a bit of profit, with Harin De Silva, Old Mutual Analytic Defensive Equity Fund portfolio manager; Jim Dunigan, PNC Private Wealth Mgmt. CIO; and CNBC's Erin Burnett

De Silva said that JPMorgan, along with Arrow Electronics , which provides electronic components and computer products, are both relatively cheap stocks.

If you're looking to short stocks, De Silva feels that Gentex Corporation, an electronics component manufacturer, is an appropriate choice due to high stock price.

 Print
How should you manage your portfolio during the current market rally? Two money managers offered their advice on "Power Lunch."  PNC Private Wealth Management CIO Jim Dunigan likes the financial sector, as does Harin De Silva of Old Mutual Analytic Defensive Equity Fund.
  Price   Change %Change
ARW ---
GNTX ---
JPM MLP ETN ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Contact

  • Showtimes

    United States
    Monday - Friday 1:00P ET
    Europe
    Monday - Friday 18:00 CET
    Asia Pacific
    Tuesday - Saturday 01:00 SIN/HK
    Australia
    Tuesday - Saturday 03:00 AEST
  • Herera is a founding member of CNBC, helping to launch the network in 1989. She is co-anchor of "Power Lunch."

  • Mathisen is a co-anchor on CNBC's "Power Lunch" and is also the Vice President for Strategic Editorial Initiatives at CNBC. Mathisen also co-anchors "Nightly Business Report produced by CNBC,"

Power Pitch